Materials Price Variance = (SP-AP) * AQ
= (2.50 - 2.40)*12,600
= 1260 F
Materials Quantity Variance = (SQ-AQ) * SP
= (1260*6.50 - 11340)*2.50
= 7875 U
Comment if you face any issues
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards fo...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Please help me correct my error, provide me the way to do it too if possible: Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost $16.25 5.75 Direct materials...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Standard Price Standard Cost $16.25 $ 5.75 Direct materials Direct labor 6. Se pounds 0.50 hours $ 2.50 per pound $11.50 per hour During the most recent month, the following activity was recorded: a. Twelve thousand six hundred pounds of material were purchased at a cost of $2.40 per pound b. The...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 4.6 pounds $ 2.50 per pound $ 11.50 Direct labor 0.2 hours $ 12.00 per hour $ 2.40 During the most recent month, the following activity was recorded: Twenty thousand pounds of material were purchased at a cost of $2.35 per pound. The...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 4.6 pounds 8.2 hours Direct materials Direct labor Standard Price or Rate $ 2.50 per pound $18.00 per hour Standard Cost $11.50 $ 3.60 During the most recent month, the following activity was recorded a. Twenty thousand pounds of material were purchased at a cost of $235 per pound. b. The...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 4.6 pounds $ 2.50 per pound $ 11.50 Direct labor 0.2 hours $ 18.00 per hour $ 3.60 During the most recent month, the following activity was recorded: Twenty thousand pounds of material were purchased at a cost of $2.35 per pound. All...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 7.20 pounds 0.50 hours Standard Price or Rate $ 2.90 per pound $10.00 per hour Standard Cost $20.88 $ 5.00 Direct materials Direct labor During the most recent month, the following activity was recorded: a. 16,900.00 pounds of material were purchased at a cost of $2.60 per pound. b. All of...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 7.80 pounds 0.30 hours Standard Price Standard or Rate Cost $2.30 per pound $17.94 $8.00 per hour $ 2.40 Direct materials Direct labor During the most recent month, the following activity was recorded: a. 25,900.00 pounds of material were purchased at a cost of $2.10 per pound. b. All of the...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 6.40 pounds 0.25 hours Standard Price or Rate $ 2.40 per pound $11.50 per hour Standard Cost $15.36 $ 2.88 Direct materials Direct labor During the most recent month, the following activity was recorded: a. 17,500.00 pounds of material were purchased at a cost of $2.20 per pound. b. All of...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Price Standard Quantity or Hours Standard Cost or Rate E Direct materials Direct labor 6.1 pounds $2.50 per pound $15.25 0.5 hours $9.50 per hour $ 4.75 During the most recent month, the following activity was recorded: Eleven thousand eight hundred pounds of material were purchased at a cost of $2.40 E' per pound....
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Standard Price Quantity or Hours Standard or Rate $ 2.50 per pound $14.50 per hour Cost 7.10 pounds 0.50 hours Direct materials Direct labor $17.75 $ 7.25 During the most recent month, the following activity was recorded: a. Thirteen thousand eight hundred pounds of material were purchased at a cost of $2.40 per pound....